Some relief for more than a million beleaguered homeowners appears to be at hand, as New York and California will join just about all the other states in a $26 billion foreclosure settlement with the nation's largest banks, according to a person familiar with negotiations.
CNN's special salute to two New York City vendors who alerted police and helped avert the Times Square bombing.
One of the street vendors who alerted police to a smoking vehicle in Times Square that was later found to be carrying explosives says he's planning to run for Congress.
More than 40 states have signed on to a draft settlement with the nation's largest banks aimed at helping homeowners struggling with loans bigger than the value of their homes.
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.
As regulators and attorneys general continue a year-long push to deliver help for homeowners, some left-leaning groups on Monday warned against any deal that protects banks against lawsuits.
Voters in Mississippi will be given a chance to decide whether life begins at conception, a controversial abortion-related ballot initiative that the state's highest court has refused to block.
Lawmakers lifted the curtain Tuesday on a 2011 spending plan that will slash nearly $40 billion -- cutting back on a wide range of programs and services including high-speed rail, emergency first responders and the National Endowment for the Arts.
A federal probe investigating five large mortgage servicers has found some improper foreclosures, but officials have yet to find systemic, "structural" problems with processing, according to the U.S. Housing Secretary.
CNN's Brian Byrnes reports on one architect's groundbreaking ideas in urban planning.
I had been standing on the street with Jaime Lerner for less than one minute when a stranger stopped to greet him.
Owners of private waterfront property don't have title to beachfront land restored by the state, the U.S. Supreme Court ruled Thursday in a case that pitted resort-town homeowners against Florida conservation officials.
A local project in India aims to clean Delhi's extensive network of drains and turn them into cycle routes and parks.
Walking is a perilous endeavor in New Delhi's traffic bedlam.
John Hantz is a wealthy money manager who lives in an older enclave of Detroit where all the houses are grand and not all of them are falling apart. Once a star stockbroker at American Express, he left 13 years ago to found his own firm. Today Hantz Financial Services has 20 offices in Michigan, Ohio, and Georgia, more than 500 employees, and $1.3 billion in assets under management.
The Supreme Court wavered like the tides Wednesday in an unusual dispute over whether owners of private waterfront property were unfairly deprived title to land that touches the ocean.
The United States on Tuesday expressed its deep concern about an Iranian-American scholar who was recently charged in connection with post-election violence in the Islamic republic.
The government is delaying legal action against Pennsylvania landowners who haven't yet agreed to sell their land for a memorial to victims of United Airlines Flight 93 on September 11, 2001, federal officials said Friday.
A chain link fence now stands between Tim Lambert's land and the impact site of United Airlines Flight 93, which crashed here on September 11, 2001. The property has been in Lambert's family for almost 80 years.
Thousands of Palestinians are facing a housing crisis because of inadequate urban planning by Israeli officials who run the east Jerusalem region, a U.N. report shows.
Mortgages insured by the Federal Housing Administration can be a lifeline for low-income or high-risk borrowers. These loans have tiny down-payment requirements, competitive rates and easy credit-score hurdles.
Is the government's plan to fix America's banking industry working? Fortune.com's Colin Barr explains.
President Obama's task force on the middle class formally began its work Friday, focusing its first meeting on green jobs and how they might strengthen the economy and the middle class.
Garbage dumps are generally not associated with thriving coral reefs, vast mangrove plantations and rare bird species.
It's called her legacy and her passion, but one of Sarah Palin's biggest mayoral projects remains controversial.
The sports complex that Alaska Gov. Sarah Palin's supporters call her most visible legacy as mayor of her hometown left the town paying inflated prices for the land and huge legal bills, according to court records.
Mike Meyer, a resident of Beijing's Dashilar neighborhood, talks about an alley that faces demolition.
As in Rome and Athens, ancient relics in Beijing stand in stark contrast to the highways, buildings and vehicles of the modern age. At Beijing's Jianguomen, the fortification-like Ancient Observatory -- dating from 1442 during the Ming Dynasty -- dodges the overpasses of the Second Ring Road while standing within steps of a subway station.
Mortgage brokers and loan officers are getting paid fat fees by lenders to put unsuspecting borrowers into expensive loans. And the new lending rules issued last week by the Federal Reserve do nothing to stop this abusive practice.
President Bush on Friday chose SBA Administrator Steve Preston to lead the government's housing agency at a time of crisis in the industry, praising him as a skilled manager
Housing and Urban Development Secretary Alphonso Jackson announces his resignation amid ethics investigations.
Housing and Urban Development Secretary Alphonso Jackson resigned Monday, amid multiple ethics investigations and criticism from top lawmakers.
Before following his father into the property business, Minoru Mori dreamed of becoming a novelist. So when he returned from an October 1993 visit to Shanghai talking excitedly of a plan to construct the world's tallest building on the impoverished east side of the city's Huangpu River, rivals in Tokyo snickered that Mori had rekindled his interest in fiction.
If we're using fluorescent bulbs and solar panels, but taking 14 car trips a day, how eco-friendly is our lifestyle, really?
A key component of the Bush Administration's plan to help troubled homeowners is already under pressure: finding qualified counselers.
Big cities are turning to new technologies and theories to try to relieve an old problem: traffic congestion
Fortune: Bangalore's Autobahnupdated: Wed Jan 17 2007 15:49:00
Far from his 18th-century colonial mansion in Philadelphia, Ashok Kheny has been waging a ten-year battle to build a $600 million, 111-kilometer toll road connecting Bangalore to Mysore, the second...
There was some last-minute drama in Washington before yesterday's release of the long-awaited report by Independent Counsel David Barrett. Sources close to the three-judge panel overseeing the report say that the panel's members were furious about leaks to the press previewing the report's contents. The report, detailing an organized attempt by Clinton administration officials to shut down an Internal Revenue Service investigation into possible tax violations by President Bill Clinton's secretary of housing and urban development Henry Cisneros, was to be released at 9:00 a.m. Thursday. The day before, late in the afternoon, word went out from the judges to the Independent Counsel's office that the release would be delayed.
Even before Katrina hit, the Gulf Coast Belt was the megapolitan with the cloudiest forecast, especially in its poorer eastern half. During the past few years, New Orleans's population declined and...
Nearly 20 years ago, Mike Ingram, almost broke, took the gamble of a lifetime. He packed his wife and six children into an Oldsmobile and U-Haul and drove 1,000 miles to Phoenix, leaving his life i...
Money Magazine: Retire on the Houseupdated: Wed Jun 01 2005 00:01:00
If your nest egg isn't big enough to support the retirement lifestyle you aspire to, you may be sitting on a valuable asset that can help you bridge the financial gap: your house. Buoyed by the 65%...
Back in the 1960s, Fran Rodgers was the envy of her classmates at Barnard College. After graduating at age 20, she was going to change the world. First came a job with the U.S. Department of Housin...
Back in the 1960s, Fran Rodgers was the envy of her classmates at Barnard College. After graduating at age 20, she was going to change the world. First came a job with the U.S. Department of Housin...
Q. I established a Uniform Gifts to Minors Account (UGMA) at a mutual fund for college savings for my daughter. Now my wife and I just had twin boys, and I want to start saving for them too. But in...
INSTEAD OF VIEWING America's inner cities as doomed urban wastelands, think of them as undeveloped countries, like Peru or Poland or Bangladesh. With that perspective in mind, what's the best way t...
What has gone before: The U.S. Department of Housing and Urban Development is rocked by scandal. It seems that ''influence peddlers'' have actually exerted influence on certain HUD decisions. Led b...
TIRED OF worrying about America's budget deficit? Now you can start worrying about the vast sums that are not on the budget. Uncle Sam's off-budget guarantees will climb from $2.1 trillion in 1980 ...
ONCE UPON a time in urban America, when greedy developers were ravaging the land, paving paradise for parking lots, and tearing down historic landmarks for pricey office buildings, a couple of fell...
If you are helping your parents with their medical care or such everyday chores as shopping and housekeeping, chances are you regularly give them some financial support as well. Or if you don't do ...
When Nasser Ordoubadi, 33, moved from New York City to Seattle in 1984, he planned to stay only one year to complete his internship at Virginia Mason, one of the city's leading teaching hospitals. ...
FOR A CITY that not long ago seemed to be sliding irreversibly, with a population down to half its 1950s peak, St. Louis suddenly looks like a place with a future. Thanks to successful business ini...
IN THE THICK undergrowth of federal spending, subsidies to business and state and local governments are some of the hardiest forms of plant life--and the most in need of weeding. They will have cli...
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|